| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $178M | $170M | $155M | 4.7% | 14.6% |
| Op. Income | $75M | $81M | $93M | -7.5% | -19.7% |
| Gross Margin | 79.7% | 80.0% | 95.4% | -0.4pp | -15.7pp |
| Net Margin | 27.2% | 34.0% | 42.6% | -6.8pp | -15.4pp |
| EPS (Diluted) | $0.35 | $0.42 | $0.47 | -16.7% | -25.5% |
| Free Cash Flow | $47M | $84M | $70M | -44.2% | -32.4% |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $33M |
| SG&A Expenses | $35M |
| Other Expenses | $32M |
| Operating Expenses | $67M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $75M |
| Interest Income | $158M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $4M |
| EBIT | $75M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $178M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $33M |
| SG&A Expenses | $35M |
| Other Expenses | $32M |
| Operating Expenses | $67M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $75M |
| Interest Income | $158M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $75M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $4M |
| EBIT | $75M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $92M |
| Other Investing Activities | -$71M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $952M |
| Common Stock Repurchased | -$30.0K |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$925M |
| NET CASH FROM FINANCING | -$866.0K |
| FREE CASH FLOW | $47M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $290M |
| Short-Term Investments | $3.0B |
| Net Receivables | $301M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $66M |
| Goodwill | $766M |
| Intangible Assets | $15M |
| Long-Term Investments | $11.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $337M |
| TOTAL NON-CURRENT ASSETS | $12.5B |
| TOTAL ASSETS | $16.0B |
| Account Payables | $23M |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.4B |
| TOTAL CURRENT LIABILITIES | $13.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $144M |
| TOTAL NON-CURRENT LIABILITIES | $144M |
| TOTAL LIABILITIES | $13.9B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$324M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $16.0B |
| Total Debt | $2.3B |
| Net Debt | $2.1B |
